California Water Service Group Company Profile (NYSE:CWT)

About California Water Service Group (NYSE:CWT)

California Water Service Group logoCalifornia Water Service Group is a holding company. The Company operates through the supply and distribution of water and providing water-related utility services segment. The Company, through its subsidiaries, provides non-regulated services and non-regulated services to private companies and municipalities. The bulk of the business consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. It also provides non-regulated water-related services. The non-regulated services include water system operation, billing and meter reading services. Non-regulated operations also include the lease of communication antenna sites, lab services and promotion of other non-regulated services. The Company under its non-regulated contract arrangements, operates municipally owned water systems, privately owned water and recycled water distribution systems.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Water Utilities
  • Sub-Industry: Water Utilities
  • Symbol: NYSE:CWT
  • CUSIP: 13078810
  • Web: www.calwatergroup.com
Capitalization:
  • Market Cap: $1.65 billion
  • Outstanding Shares: 48,021,000
Average Prices:
  • 50 Day Moving Avg: $35.47
  • 200 Day Moving Avg: $34.71
  • 52 Week Range: $28.60 - $39.40
P/E:
  • Trailing P/E Ratio: 32.81
  • Foreward P/E Ratio: 24.78
  • P/E Growth: 2.76
Sales & Book Value:
  • Annual Revenue: $609.68 million
  • Price / Sales: 2.71
  • Book Value: $13.56 per share
  • Price / Book: 2.54
Dividend:
  • Annual Dividend: $0.72
  • Dividend Yield: 2.1%
Profitability:
  • EBIDTA: $171.02 million
  • Net Margins: 7.05%
  • Return on Equity: 6.56%
  • Return on Assets: 1.81%
Debt:
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 0.74%
  • Quick Ratio: 0.71%
Misc:
  • Average Volume: 180,163 shs.
  • Beta: 0.65
  • Short Ratio: 5.04
 

Frequently Asked Questions for California Water Service Group (NYSE:CWT)

What is California Water Service Group's stock symbol?

California Water Service Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CWT."

How often does California Water Service Group pay dividends? What is the dividend yield for California Water Service Group?

California Water Service Group announced a quarterly dividend on Wednesday, April 26th. Stockholders of record on Monday, May 8th will be paid a dividend of $0.18 per share on Friday, May 19th. This represents a $0.72 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, May 4th. View California Water Service Group's Dividend History.

How were California Water Service Group's earnings last quarter?

California Water Service Group (NYSE:CWT) announced its quarterly earnings results on Thursday, April, 27th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.03. The company had revenue of $122.04 million for the quarter, compared to analyst estimates of $128.30 million. California Water Service Group had a return on equity of 6.56% and a net margin of 7.05%. The company's revenue was up .3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.02) earnings per share. View California Water Service Group's Earnings History.

When will California Water Service Group make its next earnings announcement?

California Water Service Group is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for California Water Service Group.

Where is California Water Service Group's stock going? Where will California Water Service Group's stock price be in 2017?

6 brokerages have issued twelve-month price objectives for California Water Service Group's stock. Their predictions range from $28.00 to $36.00. On average, they anticipate California Water Service Group's share price to reach $32.25 in the next twelve months. View Analyst Ratings for California Water Service Group.

Who are some of California Water Service Group's key competitors?

Who owns California Water Service Group stock?

California Water Service Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.38%), Vanguard Group Inc. (10.26%), Pictet Asset Management Ltd. (4.01%), Impax Asset Management LTD (3.64%), Dimensional Fund Advisors LP (3.36%) and State Street Corp (2.53%). Company insiders that own California Water Service Group stock include David B Healey, George A Vera, Lynne P Mcghee, Michael B Luu, Ronald D Webb, Terry Bayer and Timothy D Treloar. View Institutional Ownership Trends for California Water Service Group.

Who sold California Water Service Group stock? Who is selling California Water Service Group stock?

California Water Service Group's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Dalton Greiner Hartman Maher & Co., Baillie Gifford & Co., Morgan Stanley, Cutter & CO Brokerage Inc., Water Asset Management LLC, Ameriprise Financial Inc. and UBS Group AG. Company insiders that have sold California Water Service Group stock in the last year include David B Healey, Michael B Luu and Timothy D Treloar. View Insider Buying and Selling for California Water Service Group.

Who bought California Water Service Group stock? Who is buying California Water Service Group stock?

California Water Service Group's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Asset Management One Co. Ltd., Nuance Investments LLC, Parametric Portfolio Associates LLC, Vanguard Group Inc., Bank of America Corp DE, State Street Corp and Karp Capital Management Corp. Company insiders that have bought California Water Service Group stock in the last two years include George A Vera, Ronald D Webb and Terry Bayer. View Insider Buying and Selling for California Water Service Group.

How do I buy California Water Service Group stock?

Shares of California Water Service Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of California Water Service Group stock cost?

One share of California Water Service Group stock can currently be purchased for approximately $34.45.

Analyst Ratings

Consensus Ratings for California Water Service Group (NYSE:CWT) (?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $32.25 (6.39% downside)

Analysts' Ratings History for California Water Service Group (NYSE:CWT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017GabelliDowngradeBuy -> HoldLowView Rating Details
2/24/2017Wells Fargo & CoDowngradeMarket Perform -> UnderperformN/AView Rating Details
1/18/2017MacquarieInitiated CoverageNeutral$32.00N/AView Rating Details
11/23/2016Hilliard LyonsDowngradeBuy -> NeutralN/AView Rating Details
10/28/2016Barclays PLCDowngradeEqual Weight -> Underweight$31.00 -> $28.00N/AView Rating Details
10/14/2016Robert W. BairdInitiated CoverageNeutral$33.00N/AView Rating Details
4/19/2016Janney Montgomery ScottDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for California Water Service Group (NYSE:CWT)
Earnings by Quarter for California Water Service Group (NYSE:CWT)
Earnings History by Quarter for California Water Service Group (NYSE:CWT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
4/27/2017Q1 2017$0.05$0.02$128.30 million$122.04 millionViewN/AView Earnings Details
2/23/2017Q416$0.20$0.31$146.33 million$150.90 millionViewN/AView Earnings Details
10/27/2016Q316$0.57$0.48$185.80 million$184.27 millionViewListenView Earnings Details
7/28/2016Q216$0.24$0.24$121.55 million$152.40 millionViewListenView Earnings Details
4/28/2016Q116$0.03($0.02)$102.65 million$121.80 millionViewListenView Earnings Details
2/24/2016Q4$0.20$0.18$117.57 million$138.40 millionViewListenView Earnings Details
10/28/2015Q3$0.67$0.52$183.36 million$183.54 millionViewListenView Earnings Details
7/29/2015Q215$0.36$0.21$166.34 million$144.41 millionViewListenView Earnings Details
4/29/2015Q115$0.01$0.03$104.06 million$122.00 millionViewN/AView Earnings Details
2/25/2015Q414$0.18$0.24$116.70 million$137.40 millionViewN/AView Earnings Details
10/29/2014Q314$0.68$0.70$205.51 million$191.20 millionViewN/AView Earnings Details
7/30/2014Q214$0.30$0.31$159.46 million$158.40 millionViewN/AView Earnings Details
4/30/2014Q114($0.07)($0.11)$111.52 million$110.50 millionViewN/AView Earnings Details
2/26/2014Q413$0.52$0.12$123.68 million$133.70 millionViewN/AView Earnings Details
11/6/2013Q313$0.52$0.61$182.83 million$184.40 millionViewN/AView Earnings Details
7/31/2013Q2 2013$0.27$0.28$145.73 million$154.56 millionViewN/AView Earnings Details
5/1/2013Q1 2013($0.03)$116.17 million$111.40 millionViewN/AView Earnings Details
2/27/2013Q4 2012$0.09$0.12$117.42 million$121.53 millionViewN/AView Earnings Details
11/6/2012Q312$0.58$0.56$176.18 million$178.10 millionViewN/AView Earnings Details
7/25/2012$0.33$0.31ViewN/AView Earnings Details
5/7/2012$0.04$0.03ViewN/AView Earnings Details
2/29/2012$0.18$0.04ViewN/AView Earnings Details
10/26/2011$0.61$0.50ViewN/AView Earnings Details
8/3/2011$0.25$0.29ViewN/AView Earnings Details
5/5/2011$0.08$0.13ViewN/AView Earnings Details
2/23/2011$0.34$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for California Water Service Group (NYSE:CWT)
Current Year EPS Consensus Estimate: $1.30 EPS
Next Year EPS Consensus Estimate: $1.39 EPS

Dividends

Current Dividend Information for California Water Service Group (NYSE:CWT)
Most Recent Dividend:5/19/2017
Annual Dividend:$0.72
Dividend Yield:2.09%
Dividend Growth:2.50% (3 Year Average)
Payout Ratio:81.82% (Trailing 12 Months of Earnings)
55.38% (Based on This Year's Estimates)
51.80% (Based on Next Year's Estimates)
Track Record:49 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for California Water Service Group (NYSE:CWT)

Dividend History by Quarter for California Water Service Group (NYSE:CWT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/26/2017quarterly$0.181.94%5/4/20175/8/20175/19/2017
1/25/2017quarterly$0.182.07%2/2/20172/6/20172/17/2017
10/26/2016quarterly$0.1711/3/201611/7/201611/18/2016
7/27/2016quarterly$0.178/4/20168/8/20168/19/2016
4/27/2016quarterly$0.175/5/20165/9/20165/20/2016
1/27/2016quarterly$0.172/4/20162/8/20162/19/2016
10/28/2015quarterly$0.1711/5/201511/9/201511/20/2015
7/29/2015quarterly$0.178/6/20158/10/20158/21/2015
4/29/2015quarterly$0.172.81%5/7/20155/11/20155/22/2015
1/29/2015quarterly$0.172.58%2/5/20152/9/20152/20/2015
10/29/2014quarterly$0.162.55%11/6/201411/10/201411/21/2014
10/17/2014oct 14$0.1310/31/201411/17/2014
7/30/2014quarterly$0.162.85%8/7/20148/11/20148/22/2014
4/30/2014quarterly$0.162.92%5/8/20145/12/20145/23/2014
1/29/2014quarterly$0.162.76%2/6/20142/10/20142/21/2014
10/30/2013quarterly$0.162.94%11/7/201311/12/201311/25/2013
7/31/2013quarterly$0.162.92%8/8/20138/12/20138/23/2013
4/24/2013quarterly$0.163.24%5/2/20135/6/20135/17/2013
1/30/2013quarterly$0.163.28%2/7/20132/11/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for California Water Service Group (NYSE:CWT)
Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 68.63%
Insider Trades by Quarter for California Water Service Group (NYSE:CWT)
Institutional Ownership by Quarter for California Water Service Group (NYSE:CWT)
Insider Trades by Quarter for California Water Service Group (NYSE:CWT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/2/2017David B HealeyVPSell1,000$35.70$35,700.00View SEC Filing  
3/16/2017Michael B LuuVPSell2,400$34.47$82,728.00View SEC Filing  
10/11/2016George A VeraDirectorBuy3$31.75$95.25View SEC Filing  
6/13/2016Timothy D TreloarVPSell518$32.06$16,607.08View SEC Filing  
5/12/2016David B HealeyVPSell1,000$28.61$28,610.00View SEC Filing  
5/5/2016Michael B LuuVPSell849$28.69$24,357.81View SEC Filing  
3/15/2016Lynne P McgheeVPSell6,000$26.04$156,240.00View SEC Filing  
3/1/2016Terry BayerDirectorBuy2,722$25.17$68,512.74View SEC Filing  
8/14/2015Ronald D WebbVPBuy1,000$22.28$22,280.00View SEC Filing  
7/13/2015George A VeraDirectorBuy4$23.73$94.92View SEC Filing  
5/14/2015Peter C NelsonDirectorSell10,000$23.85$238,500.00View SEC Filing  
5/11/2015Peter C NelsonDirectorSell10,000$23.91$239,100.00View SEC Filing  
5/7/2015Peter C NelsonDirectorSell10,000$23.68$236,800.00View SEC Filing  
3/11/2015Peter C NelsonDirectorSell4,803$24.39$117,145.17View SEC Filing  
3/10/2015Peter C NelsonDirectorSell10,000$24.00$240,000.00View SEC Filing  
3/9/2015Peter C NelsonDirectorSell10,000$24.14$241,400.00View SEC Filing  
3/5/2015Peter C NelsonDirectorSell5,000$24.64$123,200.00View SEC Filing  
12/3/2014Peter C NelsonDirectorSell10,000$24.64$246,400.00View SEC Filing  
12/1/2014Peter C NelsonDirectorSell10,000$25.02$250,200.00View SEC Filing  
11/26/2014Peter C NelsonDirectorSell10,000$25.45$254,500.00View SEC Filing  
11/17/2014Robert GuzzettaInsiderSell7,597$24.68$187,493.96View SEC Filing  
11/11/2014George A VeraDirectorBuy4$25.57$102.28View SEC Filing  
5/12/2014Lynne McgheeInsiderSell3,580$21.65$77,507.00View SEC Filing  
9/13/2013Martin KropelnickiCEOBuy1,370$19.00$26,030.00View SEC Filing  
3/5/2013Lester A SnowDirectorBuy2,751$20.62$56,725.62View SEC Filing  
3/5/2013Martin A KropelnickiCOOBuy7,753$20.62$159,866.86View SEC Filing  
3/5/2013Paul G TownsleyVPBuy3,001$20.62$61,880.62View SEC Filing  
3/5/2013Peter C NelsonCEOBuy12,504$20.62$257,832.48View SEC Filing  
8/6/2012David B HealeyInsiderBuy2,814$18.65$52,481.10View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for California Water Service Group (NYSE:CWT)
Latest Headlines for California Water Service Group (NYSE:CWT)
Source:
DateHeadline
finance.yahoo.com logoCal Water President & CEO Returns to House Energy and Commerce Subcommittee on Environment, Testifies on Solutions for Nation's Drinking Water Infrastructure Challenges
finance.yahoo.com - May 19 at 4:28 PM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Expected to Post Quarterly Sales of $163.25 Million
www.americanbankingnews.com - May 14 at 10:08 AM
americanbankingnews.com logo$0.31 Earnings Per Share Expected for California Water Service Group (CWT) This Quarter
www.americanbankingnews.com - May 12 at 10:22 AM
finance.yahoo.com logoCalifornia Water Service Group : CWT-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 5, 2017
finance.yahoo.com - May 5 at 4:51 PM
americanbankingnews.com logoPositive Press Coverage Somewhat Unlikely to Affect California Water Service Group (CWT) Stock Price
www.americanbankingnews.com - May 4 at 11:34 AM
americanbankingnews.com logoInsider Selling: California Water Service Group (CWT) VP Sells 1,000 Shares of Stock
www.americanbankingnews.com - May 3 at 11:30 PM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 3 at 12:33 PM
finance.yahoo.com logoETFs with exposure to California Water Service Group : May 2, 2017
finance.yahoo.com - May 2 at 7:30 PM
finance.yahoo.com logoCalifornia Water Service Group breached its 50 day moving average in a Bearish Manner : CWT-US : May 1, 2017
finance.yahoo.com - May 1 at 4:31 PM
finance.yahoo.com logoCalifornia Water Service Group :CWT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 4:31 PM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Earns Daily Media Sentiment Score of 0.56
www.americanbankingnews.com - May 1 at 10:47 AM
americanbankingnews.com logoGabelli Lowers California Water Service Group (CWT) to Hold
www.americanbankingnews.com - April 29 at 7:32 AM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - April 28 at 10:38 PM
finance.yahoo.com logoEdited Transcript of CWT earnings conference call or presentation 27-Apr-17 3:00pm GMT
finance.yahoo.com - April 28 at 5:39 PM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Receiving Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 28 at 12:10 PM
finance.yahoo.com logoCalifornia Water Service Group Announces Earnings for the First Quarter 2017
finance.yahoo.com - April 27 at 5:08 PM
finance.yahoo.com logoCalifornia Water Service Group posts 1Q profit
finance.yahoo.com - April 27 at 5:08 PM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Issues Earnings Results
www.americanbankingnews.com - April 27 at 4:06 PM
finance.yahoo.com logoCalifornia Water Service Group Board of Directors Declares 289th Consecutive Quarterly Dividend
finance.yahoo.com - April 27 at 1:47 AM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Announces Quarterly Dividend of $0.18
www.americanbankingnews.com - April 26 at 7:26 PM
americanbankingnews.com logoFavorable Press Coverage Unlikely to Affect California Water Service Group (CWT) Share Price
www.americanbankingnews.com - April 25 at 11:45 AM
americanbankingnews.com logo$128.3 Million in Sales Expected for California Water Service Group (CWT) This Quarter
www.americanbankingnews.com - April 23 at 8:49 AM
americanbankingnews.com logoZacks: Analysts Expect California Water Service Group (CWT) Will Post Earnings of $0.05 Per Share
www.americanbankingnews.com - April 21 at 5:56 PM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Earning Positive Press Coverage, Study Finds
www.americanbankingnews.com - April 20 at 2:00 PM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Earning Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 17 at 3:41 PM
finance.yahoo.com logoWater Utility Stocks: How Do They Stack Up by Q1 Performance?
finance.yahoo.com - April 14 at 10:34 AM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Receives Daily Coverage Optimism Rating of 0.26
www.americanbankingnews.com - April 13 at 12:08 PM
finance.yahoo.com logoHNA Group Plans to Acquire CWT for $1 Billion
finance.yahoo.com - April 10 at 12:05 PM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 7 at 5:57 PM
finance.yahoo.com logoCalifornia Water Service Group Schedules First Quarter 2017 Earnings Results Announcement and Teleconference
finance.yahoo.com - April 7 at 4:35 PM
finance.yahoo.com logoChico Fifth-Graders Win 2017 Cal Water H2O Challenge Grand Prize
finance.yahoo.com - April 7 at 9:20 AM
finance.yahoo.com logoHNA Said to Be in Advanced Talks for $1 Billion CWT Takeover
finance.yahoo.com - April 7 at 9:20 AM
finance.yahoo.com logoCalifornia Water Service Group Opens Application Period for 2017 College Scholarship Program in California, Hawaii, and Washington Subsidiaries
finance.yahoo.com - March 29 at 5:09 PM
capitalcube.com logoCalifornia Water Service Group breached its 50 day moving average in a Bearish Manner : CWT-US : March 28, 2017
us.rd.yahoo.com - March 28 at 4:21 PM
finance.yahoo.com logoCal Water President & CEO Testifies Before House Energy and Commerce Subcommittee on Environment; Provides Recommendations on Tackling Nation's Drinking Water Infrastructure Challenges
finance.yahoo.com - March 17 at 9:58 PM
biz.yahoo.com logoCALIFORNIA WATER SERVICE GROUP Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 17 at 4:57 PM
fool.com logoCalifornia Water Service Group CWT
www.fool.com - March 16 at 6:01 PM
americanbankingnews.com logoCalifornia Water Service Group (CWT) Given Consensus Recommendation of “Hold” by Analysts
www.americanbankingnews.com - March 13 at 1:17 PM
wsj.com logo[$$] Rains Expose a New Water Problem in California: Storage
www.wsj.com - March 7 at 12:06 PM
wsj.com logo[$$] An End to California’s Drought Isn’t Cut and Dried
www.wsj.com - March 3 at 9:40 PM
finance.yahoo.com logoCalifornia Water Service Prepared to Treat Potentially Impacted Water Sources as State Issues Draft Regulation for 1,2,3-Trichloropropane (TCP)
finance.yahoo.com - March 3 at 9:40 PM
finance.yahoo.com logoCALIFORNIA WATER SERVICE GROUP Financials
finance.yahoo.com - March 1 at 1:14 PM
finance.yahoo.com logoEdited Transcript of CWT earnings conference call or presentation 23-Feb-17 4:00pm GMT
finance.yahoo.com - February 24 at 12:01 PM
seekingalpha.com logoCalifornia Water Service's (CWT) CEO Martin Kropelnicki on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 9:38 PM
nasdaq.com logoCalifornia Water Service Group Holding Q4 Earnings Advance 78%
www.nasdaq.com - February 23 at 9:38 PM
biz.yahoo.com logoQ4 2016 California Water Service Group Earnings Release - 09:00 am ET
us.rd.yahoo.com - February 23 at 4:36 PM
us.rd.yahoo.com logoCalifornia Water Service Group Announces Earnings for Year-End and Fourth Quarter 2016
us.rd.yahoo.com - February 23 at 4:36 PM
biz.yahoo.com logoCALIFORNIA WATER SERVICE GROUP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Discl
us.rd.yahoo.com - February 23 at 4:36 PM
finance.yahoo.com logoAmerican Water Works (AWK) Beats on Q4 Earnings Estimates
finance.yahoo.com - February 22 at 9:13 AM
wsj.com logo[$$] California’s Dams Set to Face New Stress Tests
www.wsj.com - February 21 at 5:43 PM

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Chart

California Water Service Group (CWT) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff